$984,900

19022 4th Street, New Paris, IN 46553, US

Summary

Full Baths: 11
Style: Mixed Use
Year Built: 1970

Moving Quotes

primary photo for 19022 4th Street, New Paris, IN 46553, US

Remarks

This exceptional multi-unit property offers an ideal investment in Elkhart County. The property consists of 11 units, combining for a total of 17 bedrooms and 11 bathrooms. The property is fully leased, providing stable cashflow with current rental income of $8,650 per month with room to improve! This property is positioned to deliver long-term value appreciation and consistent returns. Investors will benefit from both the immediate rental income and future growth potential! Several units were renovated in 2024 in addition to the boiler, water softener & well pump being updated since 2020. All electric is sub-metered per unit with a natural gas boiler for radiant heat throughout.

Details

MLS#: 202526099
Price: $984,900

Style: Mixed Use
Baths Full: 11
Year Built: 1970

County: Elkhart County
Subdivision: None
Lot Size: .68
Tax Fee: 4500

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Broker Contact

Weichert Realtors - Hoosier Heartland
125 E. North St.
Kendallville, IN, 46755-0000
US
! (260) 318-0929
! trey.forbes@live.com

Information is believed to be accurate but should not be relied upon without verification.
Data Provided by Northeastern Indiana Association of Realtors
Last updated: 2025-08-18T21:09:01.000-05:00.
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